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Franklin Town 02038
3 Russell St
$366,500
● House - Off Market

3 Russell St

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,382 Ft²
$625,987
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Start your new year in your new home!!! This is the house you have been waiting for in FRANKLIN !!!  Nothing to do but move in and enjoy your new home. This is a charming 4 bedroom, 2 bath dormered cape set on an over sized corner lot. Located on the Norfolk town line. Only approx 2 miles to the commuter rail to Boston and easy access to 495 / 95 and Mass Pike. Recently renovated with new soft close kitchen cabinets including granite counter-tops and breakfast bar, new stainless steel appliances. New open design first floor layout with hardwoods and living room with beautiful bamboo decor wall including stone fireplace.Beautifully tiled bathrooms one with walk in shower and sliding glass doors and second bath with jetted tub. Brand new roof and septic system.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$275
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #72088730)

Price History

Date / Event Date Event Price
Mar 10, 2017 Sold
Premium
Sold
Nov 2, 2016 Listed by EXIT Beacon Pointe Realty $379,900
Listed by EXIT Beacon Pointe Realty
Jun 29, 2016 Sold
Premium
Sold
May 9, 2016 Listed by EXIT Beacon Pointe Realty $224,900
Listed by EXIT Beacon Pointe Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,912
  • Total Building Area: 1,344
  • Gross Building Area: 2,496
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442204

Geography

  • Account Number: 86-021
  • Parcel: FRAN M:263 L:108
  • Lot: 108
  • Municipality: FRANKLIN
  • Latitude: 42.0949
  • Longitude: -71.3723

    Address

  • Full Address: 3 Russell St
  • Address - House Number: 3
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Franklin
  • Carrier Code: C005
  • 4-Digit Zip Code: 1229
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,100

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 587,061
  • High Value: 712,243
  • Low Value: 461,878

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $517,500
  • Assessed Land Value: $236,700
  • Assessed Improvements Value: $280,800

    Sales

  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21446
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Town

Stats & Trends

Median Asking:

$689,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2094 ft²

Average Home Age

47.7 years

Currently For Sale

66 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72088730

Frequently Asked Questions

When was property at 3 Russell Street built and last sold?
The property at 3 Russell Street was built in 1962 and last sold on Jan 1, 1970 for $366,500.
How much is this home worth?
The estimated value of the home located at 3 Russell Street is $379,459.
What are some comparable homes to 3 Russell Street?
There are currently no comparable homes to 3 Russell Street.
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